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Amazon and Apple best deliver on affordable housing promises, as other tech giants falter
One of the downsides of tech giants creating Silicon Valley was the affordable housing crisis it spurred. That has made...
The growth of tech companies within the Bay Area led to dramatically increased demand for housing, alongside price pressure created by the relatively high salaries paid to software engineers and others. Tech giants Meta Platforms, Google and Apple made headlines when they pledged billions of dollars to make housing more affordable in their Silicon Valley backyards. “We’re proud to be working with community partners across the state to increase access to affordable housing,” said Kristina Raspe, Apple’s vice president of global real estate and facilities.
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